As part of the deal, Orbograph’s automation services will enable Whidbey Island Bank to achieve accuracy levels and absorb incremental acquisition volumes without adding data entry and balancing staff. Whidbey Island Bank has integrated automation as part of the companys growth strategy.
The service is delivered as a Software as a Service (SaaS) business model and enables cheque recognition for financial institutions with in-house cheque processing systems. Automation services target straight-through-processing (STP) levels of recognition and provides performance results.
Orbograph’s technologies are used by over 1,000 financial providing them with services, such as cheque processing automation, fraud prevention, data mining for marketing and forms processing automation services.
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